Deductions
Qualified business income deduction
Many individuals, including owners of businesses operated through sole proprietorships, partnerships, S corporations, trusts and estates may be eligible for a qualified business income deduction, also called the section 199A deduction. Some ...

Small business owners may qualify for a home office deduction that will help them save money on their taxes, and benefit their bottom line. Taxpayers can take this deduction if they use a portion of ...

With summer almost here, many students will turn their attention to making money from a summer job. Not all the money they earn will make it to their pocket because employers must withhold taxes from ...

June
Day
10
Employees Who Work for Tips - If you received $20 or more in tips during May, report them to your employer. You can use Form 4070.
17
Individuals - If you’re a U.S. citizen or resident alien ...